G R Infraprojects inches up as its arm gets completion certificate for Uttar Pradesh project
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
GR Infraprojects is currently trading at Rs. 1602.60, up by 0.70 points or 0.04% from its previous closing of Rs. 1601.90 on the BSE.
The scrip opened at Rs. 1580.15 and has touched a high and low of Rs. 1609.20 and Rs. 1580.15 respectively. So far 344 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1859.95 on 26-Jun-2024 and a 52 week low of Rs. 1025.00 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1668.00 and Rs. 1580.15 respectively. The current market cap of the company is Rs. 15435.43 crore.
The promoters holding in the company stood at 74.74%, while Institutions and Non-Institutions held 21.90% and 3.36% respectively.
G R Infraprojects’ wholly owned subsidiary -- GR Aligarh Kanpur Highway has received completion certificate for the project of ‘4-laning of Aligarh-Kanpur section from Km 289.000 (Design Chainage 302.108) to Km 356.000 (Design Chainage 373.085) (Package-IV from Naviganj-Mitrasen) of NH-91 in the State of Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana’.
The bid project cost is Rs 1894.3 crore. The Completion certificate has been issued by the Independent Engineer on August 9, 2024 and has declared the project fit for entry into commercial operation with effect from August 9, 2024.
G R Infraprojects is an integrated road EPC company with experience in design and construction of various road/highway projects across many States in India.
